Resolutions of Fortaco Group Holdco Plc’s Annual General Meeting 2024
Fortaco Group Holdco Plc, Stock Exchange Release, 14 June 2024 at 10.00 EET
Fortaco Group Holdco Plc’s Annual General Meeting, held on 13 June 2024, approved the company’s financial statements for the financial year from 1 January 2023 to 31 December 2023 and discharged the members of the Supervisory Board, the Board of Directors and the company’s CEO from liability for the financial year of 2023.
Use of the profit shown on the balance sheet and the distribution of the profit
In accordance with the recommendation of the Supervisory Board and the proposal of the Board of Directors, it was resolved to approve that the result of the financial year is transferred to the profit and loss account for the previous years and that no dividend shall be distributed.
Number of members of the Supervisory Board, their election and remuneration
It was resolved that the number of ordinary members of the Supervisory Board shall be five (5). Panu Routila (chair), Marc Lindhorst, Markus Sjöholm, Sebastian Schatton and Mona Henning were re-elected to the Supervisory Board.
It was resolved that the members of the Supervisory Board shall be remunerated as follows:
- Panu Routila shall be paid an annual fee of EUR 52,800 in monthly instalments and
- Markus Sjöholm shall be paid an annual fee of EUR 40,000 in monthly instalments.
Other members of the Supervisory Board shall not be remunerated.
Number of members of the Board of Directors, their election and remuneration
It was resolved that the number of members of the Board of Directors shall be one (1) ordinary member and one (1) deputy member. Lars Hellberg was re-elected as an ordinary member and Kimmo Raunio was re-elected as a deputy member of the Board of Directors. The members of the Board of Directors shall not be remunerated.
Election of auditor and remuneration
It was resolved to re-elect audit firm Ernst & Young Oy as the auditor of the company and as the sustainability auditor for the financial year of 2024. Anders Svennas (CPA, Ernst & Young Oy) was re-elected as the auditor with principal responsibility.
It was resolved that the auditor is paid reasonable remuneration in accordance with the invoice approved by the company.
Fortaco Group Holdco Plc
Board of Directors
Further information
Lars Hellberg
President & CEO
+358 40 572 9488
lars.hellberg@fortacogroup.com
Kimmo Raunio
Senior Executive Vice President & CFO
+358 40 593 6854
kimmo.raunio@fortacogroup.com
Fortaco Group
Fortaco is the leading strategic partner in Europe to the heavy off-highway equipment and marine industries, providing premium offerings, like technology and zero emission solutions, vehicle cabins, steel fabrications, and assemblies. Fortaco Group has operations in multiple European and Asian business sites and technology hubs supporting our global customers; www.fortacogroup.com.